Vendor consent gate

Definition

The vendor's written approval, needed twice over: for the agreement and for every resold seat.

Why It Matters

A published partner agreement says two separate things about a sale and buyers usually check one. One major vendor's terms bar the provider from assigning the agreement without prior written consent, and separately bar it from assigning the licenses it resold to any client or third party, while reserving the vendor's own right to assign or subcontract at its sole discretion. Notice what can be missing: that agreement never mentions a change of control at all, so a share purchase leaves it untouched while an asset purchase needs permission for both halves. Read every vendor agreement for both clauses before the structure is chosen, and note the termination notice while you are in there.